Stock markets have retreated again over worries of further US interest rate rises after the Federal Reserve defied Donald Trump to increase rates for the fourth time this year.

The EU has confirmed it is “actively investigating” a potential breach of its diplomatic communications network, following reports that secret cables had been stolen by hackers.

The Bank of England has welcomed a “crucial and positive” move by the EU to help keep a key part of the financial system functioning in the event of a “no-deal” Brexit.

A handful of banks will be forced to write multimillion pound cheques to buy shares in the construction giant Kier Group after some of its biggest investors snubbed the chance to take part in a £250m fundraising.

GlaxoSmithKline (GSK) is to merge its consumer healthcare unit with that of rival Pfizer, to create a new market leader with almost £10bn in annual sales.

 

Santander has been fined more than £30m for “serious failings” in processing the accounts of dead customers, the Financial Conduct Authority (FCA) says.

Smart Solutions

Awarding the innovation, creativity and forward thinking design ideas that enhance the overall functioning of modern enterprises – and make their operations smoother and leaner.

The Global Business Outlook Smart Solutions Award aims to recognise the ahead-of-the-curve design that some adventurous organisations and creative leaders adopt to enhance the scale, scope and functionality of their product or service, helping it improve to a large degree—and act as inspiration for other businesses and organizations who urge each day for creativity and innovation, to help introduce continuous innovation into the modern landscape.

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